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Marketing of Spring Market of China Textile City Rises Compared with Last Week

date£º2021-03-22 author£º

FC Index of Keqiao’s textile on March 22th was 107.47, up 0.19% from the prior week, up 2.89% compared with the beginning of 2021, and up 2.68% compared with the same period last year.
Marketing of spring market of China Textile City rises compared with last week. Amount price of raw material market rises slightly, amount price of grey cloth market rises slightly, amount price of garment fabric market’s cloth falls slightly, transaction amount price of home textile products rises slightly compared with last week, and the price of accessories rises slightly.
Firstly, raw material market rises slightly. The price of polyester fabric falls slightly and the price of 100%cotton yarn falls slightly.
 FC Index of raw material is 88.53 this week, up 0.05% from the prior week, up 10.52% compared with the beginning of 2021 and up 10.19% compared with the same period last year.
1.       Polyester market sometimes rises and sometimes falls and the price of polyester falls slightly.
FC Index of polyester raw material falls slightly this week. PTA stocks in East China are mainly 4410—4460 yuan/ton, 15—65yuan/ton higher than last week. MEG is mainly 5305—5475 yuan/ ton, 105—275yuan/ ton lower than last week; Market quote of polyester chip falls compared with last week. Cash or acceptance of March of semi-gloss slice in Jiangsu and Zhejiang is about 6225—6275 yuan/ton, about 225—275 yuan/ton lower than last week. As the price of international oil continues to fall, the price of PX, MEG and polyester chip falls compared with last week. The price of polyester filament in Xiaoshan and Shaoxing falls slightly compared with last week . The quote of POY is 7730—7770 yuan/ton, 165—205 yuan/ton lower than last week. The quote of FDY is 9000 yuan/ton, about 100 yuan/ton lower than last week. The quote of DTY is 9275—9300 yuan/ton, about 200—225 yuan/ton lower than last week. Market price of polyester filament falls compared with last week. As the price of international oil continues to fall, the price of upstream polyester raw materials falls compared with last week. Kinds of polyester continue to fall, such as MEG, semi-gloss slice, gloss slice and polyester silk.
The price of polyester fiber falls compared with last week. The price of 1.4D×38MM direct spinning polyester fiber in Jiangsu and Zhejiang is mainly 7125—7150 yuan/ ton, 300—325 yuan/ton lower than last week. The price of 1.4D polyester fiber falls compared with last week.  The price of polyester fiber in Yellow River Valley is about 7150 yuan/ ton, down 800 yuan/ ton compared with early March. Market quote of 100% polyester yarn in Zhejiang and Jiangsu falls compared with last week and 32S 100%polyester yarn is about 12450—12530 yuan/ton, about 580—660 yuan/ton lower than last week. 32S 100%polyester yarn in Shandong and Hebei is about 12450—12500 yuan/ton, about 1000 yuan/ton lower than last week. 45S 100%polyester yarn in Zhejiang and Shandong is about 13700—13800 yuan/ton, 400—500 yuan/ton lower than last week.
2.       The price of 100%cotton yarn falls compared with last week , and the price of rayon yarn is stable compared with last week.
Market quote of 100%cotton yarn in Xiaoshan and Shaoxing falls compared with last week. The price of rotor spinning 10S 100%cotton yarn is 14190—14210 yuan/ton, which is about 170—190 yuan/ton lower than last week. The price of carded 32S 100% cotton yarn is 25230—25280 yuan/ton, about 550—600 yuan/ton lower than last week. The price of combed 40S 100%cotton yarn is 29010—29030 yuan/ton, about 510—530 yuan/ton lower than last week. Upstream cotton market falls, deals and investments of 100%cotton yarn are not large and the price falls .Market players opt for the “wait and see” approach. Downstream orders are few and enterprises mainly reduce material costs and inventory according to textile enterprises in Shandong and Henan.
The raw material price of viscose staple fiber is stable compared with last week. The price of 1.5D×38mm viscose staple fiber is about 15750 yuan/ton which is stable compared with last week. Market price of viscose staple fiber is stable and its factory quote is stable compared with last week. The price of rayon yarn is stable. The quote of 30S rayon yarn is about 19,600 yuan/ton, which is the same as last week. The quote of 40S rayon yarn is about 20800 yuan/ton, which is the same as last week. Rayon yarn market has mediocre performances, its delivery is not plentiful, and its price is high but may fall. The price of 30S rayon yarn in Shandong and Hebei is about 19,600 yuan/ton but may fall.
Secondly, grey cloth market rises compared with last week and FC Index rises slightly.
FC Index of grey cloth is 120.15 this week, up 0.88% from the prior week and the beginning of 2021 and up 1.40% compared with the same period last year.
FC Index of grey cloth rises slightly this week. Marketing rises compared with last week. Orders of grey cloth rise compared with last week. Orders and shipments of chemical fiber grey cloth rise and its FC Index rises. Transaction amount price of polyester yarn grey cloth, polyester spinning grey cloth, polyester crepe grey cloth, polyester linen grey cloth, polyester satin grey cloth rises compared with last week. So total FC Index of grey cloth rises slightly compared with last week.
Thirdly, garment fabric falls sequentially, and FC Index falls slightly
FC Index of garment fabric is 116.84 this week, down 0.03% from the prior week, up 0.09% from the beginning of 2021 and down 0.34% compared with the same period last year.
FC Index of garment fabric falls slightly this week. As the upstream raw material falls, market players have little confidence in the market. March and April are usually high months, but they worry that the market will not good in March and April this year. The sales of garment fabric of China Textile City’s fabric market fall compared with last week. Market transactions of common fabric fall slightly and its amount price falls slightly. Delivery of spring garment fabric and orders of summer fabric fall compared with last week, and the price falls, too. Transaction amount price of polyester wool fabric, polyester viscose fabric, polyester spandex fabric, viscose fabric, viscose wool fabric nylon fabric and hemp viscose fabric falls, so total FC Index of garment fabric falls slightly.
Fourthly, home textile market rises, and FC Index rises slightly
FC Index of home textile is 101.91 this week, up 0.26% from the prior week, down 0.11% from the beginning of 2021 and up 0.35% compared with the same period last year.
FC Index of home textile rises slightly this week. The sales of home textile market of China Textile City rise compared with last week and the price rises sequentially. Transactions and orders of stock fabric with innovative color and patterns and fabric with fashion elements rise slightly compared with last week and their amount price rises sequentially, too. Transactions and orders of curtains and window gauzes rise, and their FC Index rises slightly, so total FC Index of home textile rises slightly.
Fifth, accessories market rises sequentially, and FC Index rises slightly compared with last week.
FC Index of accessories is 132.22 this week, up 0.54% from the prior week, up 0.95% from the beginning of 2021 and down 0.99% compared with the same period last year.
FC Index of accessories rises slightly this week. The market of garment accessories of China Textile City’s traditional market rises slightly. As stocks of downstream enterprises increase slightly day by day and market transactions rise slightly, transactions and orders rise slightly and the price rises slightly. Market of lining fabric and thread ropes rises obviously and their FC Index rises, too. So total FC Index of accessories rises slightly compared with last week.
Sixthly, the forecast of FC Index of aftermarket.
The whole market of China Textile City is expected to rise slightly. The supply of spring fabric will continue to increase, and transactions and orders of stocks will increase, too. Bulk orders of summer fabric will increase locally, the rate of using machines of weaving enterprises will continue to increase, and the output of printing and dyeing enterprises will continue to grow. It is expected that the purchase of innovative and creative products will increase slightly compared with last week. The transaction of the overall market will rise day by day.

Top 10 of rising

Top 10 of decreasing

1¡¢other chemical fiber

6.93%

1¡¢shirt lining fabric

-2.82%

2¡¢thread ropes

5.22%

2¡¢belts

-1.95%

3¡¢chemical fiber grey cloth

2.53%

3¡¢hemp viscose fabric

-1.64%

4¡¢garment lining

1.59%

4¡¢nylon fabric

-1.30%

5¡¢polyester cotton fabric

1.13%

5¡¢polyester spandex fabric

-1.03%

6¡¢curtains

0.64%

6¡¢viscose wool fabric

-0.93%

7¡¢viscose fabric

0.54%

7¡¢ blended fiber grey cloth

-0.88%

8¡¢polyester nylon fabric

0.32%

8¡¢cotton and linen

-0.85%

9¡¢nylon cotton fabric

0.27%

9¡¢polyester fabric

-0.78%

10¡¢window gauzes

0.21%

10¡¢viscose fabric

-0.56%

 

Issued by: Ministry of Commerce, PRC
Prepared by: Construction Management Committee of China Textile City
Compilation Office of “Keqiao, China Textile Index"
Chinese site£ºhttp://www.kqindex.cn/
English site£ºhttp://en.kqindex.cn/
Phone£º0575-84125158     Contact person£ºWei Yinan
Fax£º0575-84785651